The recent mention from former Binance CEO Changpeng ‘CZ’ Zhao might have influenced the latest price action as seen in the Test Token (TST) linked to BNB Chain. The token currently trades at $0.1091 after bagging up to 35.56% within the last 24 hours.
The BNB Chain AMM Shocker
As he is popularly referred to, CZ started his post on X by saying it was his first time using an Automated Market Maker (AMM) liquidity pool. Furthermore, he acknowledged that he never had any reason to utilize a Decentralized Exchange (DEX) in the past. The Binance Founder said he has always used Centralized Exchanges (CEXs) to complete his transactions.
For a change and as a test, he attempted to put a few BNBs in TST.
“I seen demos of Pancake before. It looked so simple. I thought, how hard could it be? But I forgot my IQ level. (Look on the bright side, it shows you don’t need to be smart to get lucky,” CZ wrote on X.
He claimed not to have followed tutorial videos because he was out to see how
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